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Monday, September 06, 2010
BSE Bulk Deals to Watch - Sep 6 2010
Deal Date Scrip Code Company Client Name Deal Type * Quantity Price **
6/9/2010 512344 Aravali Sec ANITA RAKESHKUMAR RANKA S 90432 16.06
6/9/2010 524760 Arvind Intl PADAMRAM KARNAJI CHAUDHARY B 35500 14.13
NSE Bulk Deals to Watch - Sep 6 2010
Date,Symbol,Security Name,Client Name,Buy/Sell,Quantity Traded,Trade Price / Wght. Avg. Price,Remarks
06-SEP-2010,ATLASCYCLE,Atlas Cycles (Haryana) Lt,ARCHITA C GADA,BUY,25236,293.49,-
06-SEP-2010,ATLASCYCLE,Atlas Cycles (Haryana) Lt,BP FINTRADE PRIVATE LIMITED,BUY,16692,295.49,-
Sensex gains 1.86% in broad-based rally
The key indices scaled 31-month highs on signs the global economic recovery is on track. Stocks rose across the globe as better-than-expected US payrolls data late last week eased market anxiety over chances of a double-dip recession in the world's biggest economy. Besides strong global cues, a good monsoon this season and sustained buying by foreign funds, boosted domestic investor sentiment. The BSE Sensex crossed 18,500 mark and Nifty crossed 5,550 level.
Grey Market Premiums - Microsec Financial, Gujarat Pipavav, CTV Networks, Ashok Buildcon, VA Tech
| Company Name | Offer Price (Rs.) | Premium (Rs.) |
| | 46 | 9.25 to 10 |
| Microsec Fin | 110 to 120 (Approx) | 35.50 to 36 |
| CTV Network | 100 to 110 (Approx) | 18.50 to 19 |
| Ashok Buildcon | 280 to 300 (Approx) | 39 to 40 |
| VA Tech Wabag | 1200 to 1300 (Approx) | 220 to 230 |
US stocks register substantial weekly gains
Job data checks in better than expected at Wall Street
US stocks registered substantial gains for the week that ended on Friday, 03 September 2010. Better than expected economic data, mainly on the last day of the week sent stocks surging on that day. Other than that, there were major news in the merger and acquisition area. Corporate earnings continued to trickle in and did not disappoint in most cases. The week ended on a positive note following a better-than-expected U.S. employment report.
Strong data fails to push up crude
Prices register weekly loss of 0.8%
Despite a better than expected job report, crude prices ended lower on Friday, 03 September 2010 at Nymex. Prices ended lower even though dollar weakened and economic reports checked in better than expected.
Bullion metals end mixed
Silver rises to two-year high but gold slips
Precious metals ended mixed on Friday, 03 September 2010 at Comex. Silver prices rose to two-year highs and gold prices fell from its two month highs. Gold prices fell as the job report at Wall Street checked in better than expected thereby decreasing the appeal of precious metals as an alternate investment.
Red metal turns strong
Strong economic data raises hopes for demand of the metal
Copper prices posted a fresh four-month high on Friday, 03 September as investors hoped the recovery will translate in more demand for the metal, used in construction and industry applications.
Market may extend last week's gains on firm Asian stocks
The market may extend last week's gain on firm Asian stocks, which rose after an encouraging economic data in the US. Trading of the S&P CNX Nifty futures on the Singapore stock exchange indicate that the Nifty could gain 27 points at the opening bell.
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